Open Hearts Ministry

Charity Navigator Rating: 39%, Zero-Star out of Four Star rating

Open Hearts Ministry has received a low rating of 39% from Charity Navigator, indicating significant areas of concern in its accountability and finance practices. While the organization has achieved full points for having a majority of independent board members and an appropriate board size, critical governance policies are notably absent. Specifically, the lack of a conflict of interest policy, whistleblower policy, and document retention policy raises red flags regarding its operational transparency.

Additionally, the organization does not provide necessary documentation, such as board meeting minutes and its tax form on its website, which further diminishes its accountability. The high liabilities to assets ratio of 104.87% suggests financial instability, and while the program expense ratio is moderately acceptable at 57.37%, it does not compensate for the overall lack of financial stewardship and governance practices.

In summary, while Open Hearts Ministry has some strengths in board independence, its overall performance in accountability and finance is lacking, as evidenced by missing policies and documentation. Potential donors should carefully consider these factors when evaluating the organization.

This AI summary has been generated from information found on Charity Navigator.

Open Hearts Ministry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Open Hearts Ministry submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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